Lalti Devi sells gunny bags to wholesale merchants. She purchases goods in cash and sells them on credit. She has applied for a microloan to purchase goods so that she can meet the growing demand from customers. She has 2 children who study in the local area school. Her present family income is Rs 3,500 per month which is not enough to fulfill the growing needs of her family.
In the group photo, Sujata Dubey sitting on the left in the 1st row is the group leader. She organizes monthly meetings and ensures that repayments are on time. She has applied for a microloan for her grocery store which she runs with her husband. Savitri Devi, sitting beside her has applied for a microloan for her tailoring shop.
Lalti Devi is sitting on the 2nd row to the left. Sitting beside her is Kumari Parvati Devi, she has applied for a microloan for her tea shop. Labina Devi sitting on the last row has applied for a microloan for her small cosmetic store. Sitting beside her is Panna Devi (photo 2), who earns her living by rearing goats. She has applied for a microloan to purchase more goats and fodder. Their present family income is Rs. 3,500 per month.
All these entrepreneurs are very hard working, committed and dedicated to their work. They understand the concept of Joint Liability Group. In case any member is unable to repay the microloan, they will pay on the behalf of the member whose loan is delinquent.